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Dec 10, 2012
12/12
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people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments in the future rather than having short-term spending. support for basic research and for higher education, as drew talked about. tell us what is and we can plan around it with respect to health care costs and energy costs. then it businesses can create a renaissance of american competitiveness. >> i think that is a brilliant agenda. i don't think that has changed. let's assume we go through the fiscal cliff. immigration, investments. you are not going to do a dream act. it.had a chance to do w george bush, john mccain. maybe the republic
people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments...
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Dec 11, 2012
12/12
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a piece that relates to technology companies, a lot of people say how are we going to compete with china with 1.3 billion people? the answer is we can have the entire world at our disposal by creating conditions that the best people in the wormed can come to the united states and study. >> and stay and start businesses. >> two, then we have to focus on faction, particularly the corporate tax reform, to get a system which is simpler and promotes efficiency and makes it easier for businesses to compete if the world. third, then we have to -- that will create -- that will be enormous. third, then there is a infrastructure investment that needs to be made. this is very important because in the context of the kiped of budget deal we'll get where we'll spend less going forward as businesses, we have to think about what our values are with respect to what we'll spend money on. the most important things we can spend money on is infrastructure to again create -- make investments in the future rather than just short-term spending. and then twin that with important support for research, basic resea
a piece that relates to technology companies, a lot of people say how are we going to compete with china with 1.3 billion people? the answer is we can have the entire world at our disposal by creating conditions that the best people in the wormed can come to the united states and study. >> and stay and start businesses. >> two, then we have to focus on faction, particularly the corporate tax reform, to get a system which is simpler and promotes efficiency and makes it easier for...
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Dec 6, 2012
12/12
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china. i respect samsung but apple still has cache. >> i think the bottom line from the stock perspective and getting away from the company a little bit -- because we all know all of the size of it and how much cash and all of that. just looking at the stock itself, this thing is up 8,000% the last ten years. don't think that anyone should be looking at it as having that opportunity or anything even remotely close to that going forward. so when tony says the story's changing, it is changing, but changing doesn't necessarily mean it's going somewhere negati negative. it's just going to be a different type of opportunity. >> well said as always, josh. but you also probably made the case for the capital gains sale excuse that a lot of people have been throwing out there. >> it's up 40% this year versus an s&p that's up closer to 10%. don't be shocked. everyone owns it. >> tony is right, ecosystem is worth a great deal of money. if you split up the iphone, i-mac, the iphone, it wouldn't be the s
china. i respect samsung but apple still has cache. >> i think the bottom line from the stock perspective and getting away from the company a little bit -- because we all know all of the size of it and how much cash and all of that. just looking at the stock itself, this thing is up 8,000% the last ten years. don't think that anyone should be looking at it as having that opportunity or anything even remotely close to that going forward. so when tony says the story's changing, it is...
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Dec 5, 2012
12/12
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the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will continue to go higher. >> up 7%, western digital. mike? >> accelerated dividend is one. >> and we've got a pop here for honey boo boo. >> what? >> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all rig
the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will...
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Dec 8, 2012
12/12
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i do think there is a level of naivete for americans that often compare what is going on in china to what is going on in the united states. having spent some time in the construction industry, there is a certain nimbleness to communism. there is the freedom of just taking over land because the country owns it all and they can say to citizens "we like this land and you leave." there is a speed and cost savings that does not allow us to compare what is going on in china today. economies are much different. our systems of government are much different. it would probably be helpful for the overall conversation to set aside those comparisons. i would like to focus on what is going on in california. can you give us an idea of what the real time line is that you expect it to be? how much more money will this cost the taxpayers to subsidize california's high speed rail? >> the investments that are being made in high-speed rail across america amount to a little over $10 billion so far. states are putting in their own money. california is certainly doing that. their assembly voted tto sell the
i do think there is a level of naivete for americans that often compare what is going on in china to what is going on in the united states. having spent some time in the construction industry, there is a certain nimbleness to communism. there is the freedom of just taking over land because the country owns it all and they can say to citizens "we like this land and you leave." there is a speed and cost savings that does not allow us to compare what is going on in china today. economies...
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Dec 10, 2012
12/12
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china numbers tomorrow. then germany. maybe nothing there. i think everybody wants to fast forward to tuesday. they want to see what happens after operation twist expires. they want to see what bernanke said at 2:00. that's what we're looking at. >> we're always waiting around for something to happen. and if you wait around and climb this wall of worry, right, don't you sometimes miss out? >> i think you're right. and i think that we do expect something here this wednesday. and if we don't get that $45 billion a month program that actually creates money supply, i think you might see a little selloff. but i think it's priced in at this point. so i think we do have a big question mark here. but it may be answered this week. i think that's what traders are focused on. it's a big last three days after a quiet two days this week. >> i want to ask rick about that in a moment. you're in the camp that any deal of the fiscal cliff will be positive for the market at this point. right? >> any type of rhetoric coming out of washington, d.c. has put a bid
china numbers tomorrow. then germany. maybe nothing there. i think everybody wants to fast forward to tuesday. they want to see what happens after operation twist expires. they want to see what bernanke said at 2:00. that's what we're looking at. >> we're always waiting around for something to happen. and if you wait around and climb this wall of worry, right, don't you sometimes miss out? >> i think you're right. and i think that we do expect something here this wednesday. and if...
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Dec 6, 2012
12/12
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>> well, he didn't speak to motive but i am guessing, tyler, given all the talk about china, given all the china problems they've had, working conditions, salaries, his forced trip over there, i'm guessing they think this would and good idea. they talk a lot about skilled labor over here and not educating the kinds of workers they need. but it's just one of the points he kind of scatters through this first real interview which was months upon months in the making, as i need not tell you. >> yes, indeed. sometimes dealing with apple, it takes a long, long time to get through. but once you do, they're very forthcoming. brian, did he speak at all to -- i don't want to use the word burden but in some ways it is a burden. they don't produce a lot of products every year but they do produce products that they consider revolutionary, that changes for the greater good the american society and the way business is done. that's a pretty heavy burden and mantel to carry for a company and for a ceo. >> it is. americans all around the world, when people get a little harsh on what happened to the amer
>> well, he didn't speak to motive but i am guessing, tyler, given all the talk about china, given all the china problems they've had, working conditions, salaries, his forced trip over there, i'm guessing they think this would and good idea. they talk a lot about skilled labor over here and not educating the kinds of workers they need. but it's just one of the points he kind of scatters through this first real interview which was months upon months in the making, as i need not tell you....
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what happens in price control is almost invariably distortion of the allocation of resources china has got big problems in its system of credit the government controls and commands that fix interest rates allocates credit especially to state owned enterprises hence the empty shopping malls indeed empty cities now it's not so very different from what we have in this country where the federal reserve is muscling around the yield curve and sitting on the funds rate and raising up asset prices in the name of some set of goals that it's thinks are desirable it is heavily in the business of price control and indeed heavily into the business of central planning gradually and by the agree we have come to have all too much in common with what we call red china and there you go we'll have to leave it there i really appreciate you being here today jim grant always a pleasure on the day lauren pleasure thank you so much. all right let's wrap up with viewer feedback because it's friday and we have had some hotly debated interviews this week and we've received so much feedback so we have some good o
what happens in price control is almost invariably distortion of the allocation of resources china has got big problems in its system of credit the government controls and commands that fix interest rates allocates credit especially to state owned enterprises hence the empty shopping malls indeed empty cities now it's not so very different from what we have in this country where the federal reserve is muscling around the yield curve and sitting on the funds rate and raising up asset prices in...
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Dec 24, 2012
12/12
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it's been a great pleasure to serve a thoughtless member denigrate china. i want to passmy congratulations on to them, to wish everyone a merry christmas. and jason ault meyer. i forgot my friend jason also. he was on and then off and then back on. he did serve. we appreciate his service. i wish everyone a merry christmas. we can go on and on. anyway, we may have to get a whole list to read. anyway, merry christmas, we are adjourned. [inaudible conversations] [inaudible conversations] samaj [inaudible conversations] [inaudible conversations]
it's been a great pleasure to serve a thoughtless member denigrate china. i want to passmy congratulations on to them, to wish everyone a merry christmas. and jason ault meyer. i forgot my friend jason also. he was on and then off and then back on. he did serve. we appreciate his service. i wish everyone a merry christmas. we can go on and on. anyway, we may have to get a whole list to read. anyway, merry christmas, we are adjourned. [inaudible conversations] [inaudible conversations] samaj...
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Dec 30, 2012
12/12
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lot of good public health things beg done and the rest of the world that is dominateing, india and china, but in the 60's they ssed the market economies are good and they grow their economies and they are catching up. todaen we land, 2010, tse are the countries that borro money theichest when they have their problems. >> in my mind this raises two questions, or two amazing results from this. there have been thousands of years of human history and everyone was stuck on the lower left for thousands of years, it has been 200 years that you have all of this activity and how comeome countries are still stuck? >> it is easy to understand. the best message today is that most of thefrican countries are now in fast economic growth. they have correctedthe wrong market ideas they had 20 years ago, and they have a much better education than, -- and tanzania is similar to thailand in 1972 and soon we will see african countries doing good. >> this is wonderful. our problems are solved w know wh works and we will be rich. >>guest: no, we ha this problem with t billion human beings in poverty. i did mos
lot of good public health things beg done and the rest of the world that is dominateing, india and china, but in the 60's they ssed the market economies are good and they grow their economies and they are catching up. todaen we land, 2010, tse are the countries that borro money theichest when they have their problems. >> in my mind this raises two questions, or two amazing results from this. there have been thousands of years of human history and everyone was stuck on the lower left for...
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Dec 19, 2012
12/12
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china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story. guest: the story focuses on what the elements are there: jobs back to the united states. jim fallon has reported -- that are pulling jobs back to the united states. jim bolon has report on jobs for a number of years. about five years ago in the summer of 2007, he did a big piece on an outsourcing firm. he focuses on the head of that, a guy named liam casey. he talked about what jobs are going over there in such massive scale. and he focused on the scale of the operation over there. he went to the foxconn plants. it has been in the news lately because of labor malpractice. they produce a lot of our products and a lot of other products. there are a number of factors in china. one is, wage pressure, particularly on the coast as the cost of living in ch
china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story. guest: the story focuses on what the elements are there: jobs back to the united states. jim fallon has reported -- that are pulling jobs back to the united states. jim bolon has report on jobs for a number of years. about five years...
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Dec 28, 2012
12/12
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he used to -- of china chance is progress to if there was one district name in changing the health and when people said the but the time from cover to,. it was a two session time. what they really meant was that they scanned it things they have read a yesterday. it was the reliable place to go. all of the news fit to print. it was a very important -- it was a very important part of history. let's take the normandy invasion in 1944, a major historic event. you remember -- most of us do not remember that, but if you think of that, could he should the map of the allies' progress? at the end of the thirties. horace. the crimes a point of departure, to make sure they have full reporters, that the most accurate news was really in the newspaper. the great news reporters could do so much. so it really was not the place for people to go to the news. i want to stress something else out. at that time, the government and the media were aligned. there was not this junction that we have now. it was not fox fees. there was not a gap that will come to later. i wanted to become the new media and admini
he used to -- of china chance is progress to if there was one district name in changing the health and when people said the but the time from cover to,. it was a two session time. what they really meant was that they scanned it things they have read a yesterday. it was the reliable place to go. all of the news fit to print. it was a very important -- it was a very important part of history. let's take the normandy invasion in 1944, a major historic event. you remember -- most of us do not...
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Dec 10, 2012
12/12
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we agreed and a lot of people say how are we going to compete with china and we can have the entire world at our disposal. under which the best people in the world can come to the u.s. and start businesses. >> then we have to focus on a special in the corporate tax reform to get the system which is simpler and promotes efficiency and these are for american businesses. then we have to and that will -- efficiency will be enormous. the next is an infrastructure investment to be made. in the context of the budget deal we are getting where we will spend less going forward. we have to think about what our values are and the most important things we can spend money are on infrastructure to make investments in the future rather than have short-term spending. and twin that with support for research, basic research and higher education and for education. if government does that and create some certainty, tell us what it will be. with respect to health care costs and energy costs. and then i think it will create the conditions under which businesses will be able to create a renaissance of american c
we agreed and a lot of people say how are we going to compete with china and we can have the entire world at our disposal. under which the best people in the world can come to the u.s. and start businesses. >> then we have to focus on a special in the corporate tax reform to get the system which is simpler and promotes efficiency and these are for american businesses. then we have to and that will -- efficiency will be enormous. the next is an infrastructure investment to be made. in the...
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Dec 15, 2012
12/12
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eye 99
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the iphone's not selling well in china. something i heard today. we heard they don't have the same carrier sponsors. samsung is loved over there. that means numbers may come down again. why not take them down, do it simultaneously with taking the price target down, particularly one that's become an absurdity in the high 700s. that's exactly what one analyst did today, cut the price target and the numbers, which were too high. and that frightened people. my take on apple, i am not dogmatic, people, but i'll give you my story. my charitable trust owned it for a long time. one of our longest held positions. we did some selling about 90 points ago. why? because the stock had gone up so much that we had become the apple fund. so we took some profits. i confess to also being worried that the company lacks any new omg products and that could dim the company's long-term prospects. but we're holding on to the rest of our position in the trust because i think apple's a good investment that's inexpensive, even after the analyst numbers we got today. can't tra
the iphone's not selling well in china. something i heard today. we heard they don't have the same carrier sponsors. samsung is loved over there. that means numbers may come down again. why not take them down, do it simultaneously with taking the price target down, particularly one that's become an absurdity in the high 700s. that's exactly what one analyst did today, cut the price target and the numbers, which were too high. and that frightened people. my take on apple, i am not dogmatic,...
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Dec 4, 2012
12/12
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china is okay. a lot of talk some institutional people might begin selling at this point because certainly retail investors in the u.s. are definitely buying the gold through the gld right now. the fiscal cliff very quickly here because the general consensus outlines of a deal out there. i know it doesn't sound that way. they're far apart. blah-blah. here is the idea. elements are emerging, folks, higher tax rates. nobody down here doesn't think there isn't going to be. if it's not 39% for the top 2%, it'll be 38%. some kind of compromise in the a area. the bad news and i've said this several times, the era of american austerity is beginning now and everybody is starting to realize that. the question is what's it going to look like? the good news is it's likely to be a gentle austerity, if i can say that, in 2013 and probably 2014 depending on the spending cuts. and there will be some cushion. the fed likely will continue its q/e program. they'll likely continue that during their meeting on december
china is okay. a lot of talk some institutional people might begin selling at this point because certainly retail investors in the u.s. are definitely buying the gold through the gld right now. the fiscal cliff very quickly here because the general consensus outlines of a deal out there. i know it doesn't sound that way. they're far apart. blah-blah. here is the idea. elements are emerging, folks, higher tax rates. nobody down here doesn't think there isn't going to be. if it's not 39% for the...
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Jan 1, 2013
01/13
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we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on that. it sounds like a small summit. it is a low growth rate. which rain nobles in particular do you see having that sort of potential? >> double energy demand in world. they supply 30's are of it from renewables. it takes everything. yet here is part of that. there are some breakthroughs coming through. -- wind is part of that. there are some breakthroughs coming through. all of these are important. they all need additional technology applied to them. it is always interesting to see what we as a company do. our focus when it comes to the idea of why we would push renewables our focu
we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on...
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197
Dec 14, 2012
12/12
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eye 197
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people are concerned about the inventory building in china putting a lid on the stock. now, i am looking for a lid to be blown off by a turn in china eventual l. maybe not this quarter. while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big brand names. what a big week next week. friday we get results from walgreen's. i feel badly for wag. we just heard from cvs yesterday which boosted its numbers. that's a tough comparison to go against. i don't know how walgreen's can keep up. i will say this, though, the drug stores have been in secular share take mode from other stores, which is one reason why cvs was able to deliver such a strong number p. and i think walgreen's will show better numbers now that it's put its express scripts tiff behind it. moving over to cvs. that was really he helpful for c slchlt s. the gigantic p
people are concerned about the inventory building in china putting a lid on the stock. now, i am looking for a lid to be blown off by a turn in china eventual l. maybe not this quarter. while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big...
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it doesn't come from china the government doesn't have it all on this idea that dollars come from china they don't write and because naturally we can print our own money that's true but i think that that's an important distinction that i would like to see made which is the distinction between the thing and the value of the thing or the things of value so the dollar is the thing but the dollar has value the dollar doesn't get its value from its from from from from itself it's a currency it gets its value from people's willingness to use it in transactions so you've got people that are willing to lend china is willing to lend the united states were able to borrow from china that is natural value that that currency gets because they're willing to the chinese voluntarily give it value they're willing to hold it there's taxation which is the other side of value coin which is forced value were forcing value into the currency as the sovereign you're saying you must pay me in this currency and therefore i still value in that thing so i think that's an important distinction to make and i think f
it doesn't come from china the government doesn't have it all on this idea that dollars come from china they don't write and because naturally we can print our own money that's true but i think that that's an important distinction that i would like to see made which is the distinction between the thing and the value of the thing or the things of value so the dollar is the thing but the dollar has value the dollar doesn't get its value from its from from from from itself it's a currency it gets...
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china's china example she said well china those really resemble anything i think any amount here would support you know you don't want empty buildings but yes that's where the rubber meets the pavement and that has been in your view ideology and what happens in reality one hundred percent because the thing with china is what's their goal their goal is g.d.p. growth and jobs growth is if your goal is growth and jobs then you're not focused on. profitable investment you're not focused on making sure that your investment for ten thirty whatever period of time it is. turns a profit so what happens you naturally have malinvestment and you always do the real economy but the point is in china as an example if the state is the right investments getting all those growth people get jobs that build things then you have massive row investor you do have empty buildings and that to me is a problem is not adequately addressed that there seems to be this desire to live in this theoretical world where things would work if the only way they could write their own reality we often see so so different and
china's china example she said well china those really resemble anything i think any amount here would support you know you don't want empty buildings but yes that's where the rubber meets the pavement and that has been in your view ideology and what happens in reality one hundred percent because the thing with china is what's their goal their goal is g.d.p. growth and jobs growth is if your goal is growth and jobs then you're not focused on. profitable investment you're not focused on making...
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150
Dec 7, 2012
12/12
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it is because of the free trade with china that is killing us. we are going to go bankrupt because of that. we need to put tariffs on china and bring jobs back to the country. host: are these things you think congress can tackle until the next couple of weeks before we hit the deadline? i think we lost brian and there. a comment from this but talking about the fiscal cliff issue. -- a comment from facebook talking about the fiscal cliff issue. i want to show you a bit this morning of president obama in an interview with the bloomberg tv on tuesday talking about where he is in the debate. [video clip] >> i did not expect republicans to agree to any plan where they are betting that the entitlement reform will happen. we will have to have specific downpayments now recognizing we will have to continue to work to see if we can come up with better ideas to reduce health- care costs over the long term. that is the framework we are operating on. within that framework, i am happy to be flexible. i recognize i will not get 100%. i will not agree to a plan
it is because of the free trade with china that is killing us. we are going to go bankrupt because of that. we need to put tariffs on china and bring jobs back to the country. host: are these things you think congress can tackle until the next couple of weeks before we hit the deadline? i think we lost brian and there. a comment from this but talking about the fiscal cliff issue. -- a comment from facebook talking about the fiscal cliff issue. i want to show you a bit this morning of president...
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Dec 28, 2012
12/12
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china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the states. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, study them, and then customize them as appropriate for our own system. and yet in this one respect, they have been a little bit slow. we had this conversation 10 years ago. now, i will stic
china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too...
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Dec 28, 2012
12/12
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FBC
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got my mba from the university of miami and many peopl from all ports of the world, india, europe, china, who wanted to stay here after they graduated and work on their companies, create new start-ups, but they were unable to do so because after you graduate you get a job with an existing company or you leave and for many them that was not a good option and they left and took their ideas and companies with them. >> so th get their fancy education here and go back to indian or somewhere else. >>guest: w would like to stem the tide and keep them closer, and bring them back to the united states so they can create new job and new companies. >> if they worked for a company they could have stayed? >>guest: if you get sponsored by a large corporation you can get the prop visas to work in the country but you cannot self sponsor and you cannot be here and create your own start-ups without going through some pret significant legal work. >> to build this big ship where people live cost as lot of money and peop are actually giving you money fo this? >>guest: theface book funder and creator of pay pa
got my mba from the university of miami and many peopl from all ports of the world, india, europe, china, who wanted to stay here after they graduated and work on their companies, create new start-ups, but they were unable to do so because after you graduate you get a job with an existing company or you leave and for many them that was not a good option and they left and took their ideas and companies with them. >> so th get their fancy education here and go back to indian or somewhere...
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70
Dec 28, 2012
12/12
by
FBC
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eye 70
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lot of good public health things being done and the rest of the world that is dominateing india and china, but in the 60's they missed. the market economies are good and they grow their economies and they are catching up. today when we land, 2010, these are the countries that borrow money to the richest when they have their problems. >> in my mind this raises two questions, or two amazing results from this. there have been thousands of years of human history and everyone was stuck on the lower left for thousands of years, it has been 200 years that you have all of this activity and how come some countries are still stuck? >> it is easy to understand. the best message today is that most of the african cntries are now in fast economic growth. they have corrected the wrong market ideas they had 20 years ago, and they have a much better education than, -- and tanzania is similar to thailand in 1972 and soon we will see african countries doing good. this is wonderful. our problems are solved w know what works and we will be rich. >>guest: no, we have this problem with two billion human beings
lot of good public health things being done and the rest of the world that is dominateing india and china, but in the 60's they missed. the market economies are good and they grow their economies and they are catching up. today when we land, 2010, these are the countries that borrow money to the richest when they have their problems. >> in my mind this raises two questions, or two amazing results from this. there have been thousands of years of human history and everyone was stuck on the...
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212
Dec 17, 2012
12/12
by
CSPAN
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eye 212
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also he said he would like to stop the challenge from china over the disputed islands. will the u.s. support that division? >> first of all we would like to congratulate liberal democratic party presidential and so i -- election.'s the u.s.-japan airlines serves as a cornerstone of peace and prosperity in the asia-pacific and look forward to working closely with the new japanese prime minister, cabinet, and the people of japan for bilateral, regional, and global issues. i would also like to say the president appreciates prime minister nota's contributions to u.s.-japan relations on a number of issues and would like to thank the prime minister for his service and wish him well in his future endeavors. as you know, the new prime minister does not take office -- and i did not want to get ahead of that, before we start talking about potential meetings or policy discussions with him. >> you made the point about -- that that was not the day to talk about policy, talking about gun control. but we are looking for more specifics especially since the president said quite plainly
also he said he would like to stop the challenge from china over the disputed islands. will the u.s. support that division? >> first of all we would like to congratulate liberal democratic party presidential and so i -- election.'s the u.s.-japan airlines serves as a cornerstone of peace and prosperity in the asia-pacific and look forward to working closely with the new japanese prime minister, cabinet, and the people of japan for bilateral, regional, and global issues. i would also like...
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111
Dec 14, 2012
12/12
by
CNBC
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eye 111
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the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's counter intuitive. >> if that were to happen, i agree with josh. i don't know that i see that in front of us. if that were to happen, i think that present a great opportunity. i look at the financials. goldman sachs, i look at all the financials. jpmorgan, goldman sachs, i like them. >> i totally get what mike's saying. it's an interesting thing to consider. it's definitely possible of course. my inclination would be a 1,000 point dow rally. there's so much pent up fear and skepticism. with that out of the way in addition to what the feds told us, which is low rates until we're dead, i ca
the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's...
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165
Dec 31, 2012
12/12
by
CSPAN
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eye 165
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on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand if you have heard of that? i thought we would have more in the audience. the reason you have not heard of it is that it only allows from 1960 until 1975, when things did not go that well. the point of the example is that they don't last. they go on for a while and systems are prone to booma nd bust. -- boom and bust. we keep thinking the chinese one is going to last forever. this is going to last forever. it is going to slow down a lot more. why does that give us insight into the grove miracle? let me take
on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand...
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91
Dec 26, 2012
12/12
by
WBAL
tv
eye 91
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china. you want to be in them when the great wall's crumbling. i have seen downgrades of stocks like yum because it's got a huge chinese business through kfc, and coach which has been expanding agrefsly in china. imagine kfc. similarly a steel company without paying attention to what the chinese are dumping on our markets slyke taking your financial life in your own hands. how are we finding out? companies as diverse as corning, ppg all march to the beat of the asian drummer these days. you're not going see it in the release. it's all in the pestering frt analysts. pretty simple. listen to the call and don't hang up until you've read the questioners. read the transcript. one piece of the earnings puzing which is incredible, this is the earnings season that you have to weather something that i've never talked about before. and we've got to do this before we're done for the night. one that's become obvious to anyone who watches this show regularly. can't believe i have to do this but i'm going to say it. you have to know the chart of the stock head
china. you want to be in them when the great wall's crumbling. i have seen downgrades of stocks like yum because it's got a huge chinese business through kfc, and coach which has been expanding agrefsly in china. imagine kfc. similarly a steel company without paying attention to what the chinese are dumping on our markets slyke taking your financial life in your own hands. how are we finding out? companies as diverse as corning, ppg all march to the beat of the asian drummer these days. you're...
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80
Dec 10, 2012
12/12
by
CSPAN
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eye 80
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guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the pentagon and sequestration. that call it put the figure of the wars at $300 billion. guest: i think it is higher. it probably goes higher than that number. host: overall? guest: the oco funding got up to about $170 billion at its highest point. it is well in excess of $300 billion. we are probably talking close to a trillion dollars, depending on how you do the math. host: paul, are you in the military? caller: retired. host: go ahead. caller: we had a certain amount of money we had to spend on repair ports every quarter. we were told if you do not spend
guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the...
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157
Dec 30, 2012
12/12
by
CSPAN
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eye 157
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and china will just -- all right. we're gonna invite your participation and, particularly, if you haven't had a chance to ask a question. and i'm gonna be assertive about -- i'm encouraging you to be brief and get to your question so we can get as many people to participate as possible. the line starts with our producer jane ann right there, and then i welcome your comments for dr. hansen. let's invite the audience participation. yes, welcome to climate one. >> thank you. congratulations. you deserve this award and thank you to all the scientists who are here who are providing we, policy makers and activists, with the information we need. i'm holly kaufman. my question is, in addition to the price on carbon, for some shorter term measures, what is your opinion on dealing with some of the shorter term but higher global warming potential gases like methane, which might not be as politically controversial to deal with? >> yes. i think methane and black carbon and some of the trace gases are -- it's important that we deal
and china will just -- all right. we're gonna invite your participation and, particularly, if you haven't had a chance to ask a question. and i'm gonna be assertive about -- i'm encouraging you to be brief and get to your question so we can get as many people to participate as possible. the line starts with our producer jane ann right there, and then i welcome your comments for dr. hansen. let's invite the audience participation. yes, welcome to climate one. >> thank you. congratulations....
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states refusing to sign on the other side russia and china some other states happily signing that that agreement is it could it be called an internet cold war starting definitely not and i could hardly grieve that it was a kind of a failure because we have like eighty nine countries already who openly schol dear editor and openly agreed to sign the new document. even though the they're just eighty nine countries many remaining countries they are still in the process of signing ok let's just zoom in on the russia itself for a second. russia was one of those pushing at this summit for more regulation of of what was to was called a national segment of the internet first of all could you just help me i find that an odd concept of the national segment of the internet how do you define a national psyche in something that everyone really thinks of as as without boundaries as a as a global phenomenon you know my personal edited to add to what happened in the way and to it exactly to the coverage must media. it seems to me that musk media definitely overreacted on what was actually written in t
states refusing to sign on the other side russia and china some other states happily signing that that agreement is it could it be called an internet cold war starting definitely not and i could hardly grieve that it was a kind of a failure because we have like eighty nine countries already who openly schol dear editor and openly agreed to sign the new document. even though the they're just eighty nine countries many remaining countries they are still in the process of signing ok let's just...
110
110
Dec 27, 2012
12/12
by
CSPAN
tv
eye 110
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? they find ways to make it grow on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. economy is simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the global minotaur was wounded. the minotaur formed new forms of pleasure and new forms of deprivation. creating spectacular failures of common decency. whatever we think of the global minotaur's reign, he kept the world going and thinking its regime was stable, moderate even. meanwhile, its gross excesses' remained out of sight. unt
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? they find ways to make it grow on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological...
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185
Dec 1, 2012
12/12
by
CURRENT
tv
eye 185
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in china. all of this was designed using our software. >> so it's architects, the engineers and creative folks in all of these companies. how broad international you've got a portfolio that spans i would imagine not just united states companies. >> as a matter of fact 75% of our business is outside of the united states. if you want to understand it, mostly our revenue and our business is where the gdp is. where there is economic activity, where people are building designing and manufacturing things that's where we are. >> you're also in another area of the economy that is getting a lot of attention manufacturing particularly 3-d printing. we have a number of things that you brought in and people are wondering what the heck is sitting on the table. one of them is a speaker that you printed. it sounds so extraordinary. you had this printed out software, that allowed you to send a file to a printer machine like we would print out a document, instead printed this out. >> absolutely true. people hav
in china. all of this was designed using our software. >> so it's architects, the engineers and creative folks in all of these companies. how broad international you've got a portfolio that spans i would imagine not just united states companies. >> as a matter of fact 75% of our business is outside of the united states. if you want to understand it, mostly our revenue and our business is where the gdp is. where there is economic activity, where people are building designing and...